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Commercial Property Owners Renewable Energy

Greenbaum, Rowe, Smith & Davis LLP

Garden State C-PACE Program Update: EDA Issues Updated Program Guidelines and Draft Supplemental Guidelines

On May 29, 2024, the New Jersey Economic Development Authority (EDA) posted updated program guidelines along with draft supplemental guidelines for the Garden State Commercial Property Assessed Clean Energy (C-PACE) program. ...more

Dechert LLP

IRS Private Letter Ruling Concludes REMIC Can Hold C-PACE Assessments

Dechert LLP on

Dechert LLP recently obtained an IRS private letter ruling (“PLR”) on behalf of an asset manager concluding that certain C-PACE assessments are “obligations . . . secured by an interest in real property” for purposes of the...more

King & Spalding

Green Buildings: Prioritising Energy Efficiency in the UK

King & Spalding on

As ESG steadily climbs up the priority list for corporates, investors and lenders alike, the Minimum Energy Efficiency Standards (MEES) Regulations have brought into focus the immediate need for energy efficiency in...more

Holland & Knight LLP

Inflation Reduction Act Offers a Variety of Green Building Tax Incentives

Holland & Knight LLP on

The IRS is currently in the process of implementing the Inflation Reduction Act of 2022 (IRA), which addresses energy, tax and health policy. According to the U.S. Environmental Protection Agency (EPA), "The Inflation...more

Holland & Knight LLP

Going Green in Commercial Real Estate: Aim for a Zero-Emissions Building Standard

Holland & Knight LLP on

In order to obtain and maintain a green real estate loan, the loan recipient must construct or renovate existing buildings to have minimal impact on the environment. The ultimate goal for green architecture is to achieve a...more

McGlinchey Stafford

C-PACE Offers Benefits for Energy Efficient Properties in Many States

McGlinchey Stafford on

Regardless of arguments as to its cause, climate change is real and its negative effects on health and the environment are evident. And although there exist legal directives that certain businesses must meet to increase...more

Miles & Stockbridge P.C.

Solar Rooftop Leasing Can Offer a Win-Win-Win for Commercial Building Owners, Energy Developers & the Environment

The rise in demand for clean and renewable energy is driving the need for available rooftop space to employ solar energy systems. Because development costs have drastically decreased and the regulatory climate has become even...more

Kramer Levin Naftalis & Frankel LLP

Five Considerations: Using Commercial PACE for Condominium Developments

With the adoption of increasing and costly environmental regulation affecting buildings nationwide, Commercial Property Assessed Clean Energy (CPACE) financing offers a unique vehicle that may be used to fund qualifying...more

Cole Schotz

Commercial Property Owners: New Financing Available For Existing And New Energy Cap-Ex Projects

Cole Schotz on

Property Assessed Clean Energy (“PACE”) (also sometimes referred to as C-PACE) financing is a little-known financing tool now available to commercial property owners in more than 35 states, including New York, New Jersey, and...more

White and Williams LLP

Philadelphia Enacts Commercial Property Assessed Clean Energy (C-PACE) Program

White and Williams LLP on

On August 14, 2019, Mayor Jim Kenney signed a bill authorizing, through C-PACE loans, the financing of clean energy, alternative energy and water conservation projects for eligible commercial properties in Philadelphia....more

Holland & Knight LLP

IRS Sheds New Light on Solar Tax Credits, Leaves Energy Storage in the Dark

Holland & Knight LLP on

The Internal Revenue Service (IRS) issued recent guidance regarding construction of commercial solar energy properties and other qualified energy properties for purposes of claiming the Investment Tax Credit (ITC), the key...more

Shumaker, Loop & Kendrick, LLP

Solar Industry Update:  What’s on the Back of My Ballot? What Amendment 4 Is All About

If you vote by mail, then you’ve likely already received your August 30 primary ballot with a proposed amendment to the Florida constitution on the back. It is Amendment 4, and it is the only amendment on the primary ballot....more

Allen Matkins

Renewable Energy Update - April 2014

Allen Matkins on

Renewable Energy Focus: Short staffing at LADWP blamed for slow solar rollout - KPCC - Mar 27: Los Angeles has the largest municipal solar program in the country, but its growth is being limited by backlogs at the Los...more

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